Jul. 9 at 1:09 PM
$ALLT
Northland Securities raised its rating on Allot from "Market Perform" to "Outperform," indicating a positive outlook on the company's future performance.
The price target was raised from
$2.25 to
$13, suggesting Northland believes the stock has significant upside potential.
Allot Ltd. recently completed a public offering, raising
$40 million by issuing 5,000,000 ordinary shares. They also restructured their existing convertible note with a major shareholder.
